This course will concentrate on large personal purchases, outlining buying strategies to make the best long-term purchase decisions.
Human beings are great at short-term decisions, those where we can hone down our habits, training our gut so that we can trust our gut during future similar discussions.
However, we are not as good at making decisions that impact multiple years into the future, in part because we do not make them as often, so we don't have the opportunity to train our gut the same way we do with short-term decisions.
With long-term decisions, we need a formal decision-making process instead of trusting our habits and gut.
We will not be focusing on a home purchase in this course, even though it is one of the most significant individual purchases because the home purchase is sufficiently complex to warrant its own course. However, we can apply many of the concepts we discuss here to a home purchase decision too.
Learners will learn how to make purchasing decisions related to a car and large appliances. We will also discuss warranties and how they impact our significant purchase decisions.
The course will cover the decision to purchase a car versus leasing a vehicle.
The course will include example problems to make concepts more concrete.
It will also have practice problems, including downloadable Excel Workbooks, which users may also open using Google Sheets.
The Excel Workbooks will generally have at least two tabs. One tab will have the answer key so learners can deconstruct the problem. The second tab is where we work the practice problem step-by-step along with the instructional videos.
Everything You Need to Know About Personal Finance #5-Purchasing Strategies
This course is a comprehensive and well-structured introduction to Personal Finance #5-Purchasing Strategies. The instructor, Robert (Bob) Steele, is a leading expert in the field with a wealth of experience in Finance & Accounting to share.
The course is well-structured and easy to follow, and the instructor does a great job of explaining complex concepts in a clear and concise way.
The course is divided into sections, each of which covers a different aspect related to Money Management Tools. Each module contains a series of video lectures, readings, and hands-on exercises.
The instructor does a great job of explaining each topic in a clear and concise way. He/She also provides plenty of examples and exercises to help students learn the material.
One of the things I liked most about this course is that it is very practical. The instructor focuses on teaching students the skills and knowledge they need to succeed in the real world. He/She also provides students with access to a variety of resources, including templates, checklists, and cheat sheets.
Another thing I liked about this course is that it is offered on Udemy. Udemy is a great platform for taking online courses because it offers a lot of flexibility for students. Students can choose to take courses at their own pace, and they can access the course materials from anywhere with an internet connection.
Udemy also offers a variety of payment options, so students can find a plan that works for them. The course also has a very active community forum where students can ask questions and interact with each other. The instructor is also very responsive to student questions and feedback.
Overall, I highly recommend this course to anyone who is interested in learning Personal Finance #5-Purchasing Strategies. It is a well-organized and informative course that will teach you the skills and knowledge you need to succeed.
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